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ALTE

ALTEO Energy ServicesBUSE:ALTEO Stock Report

Market Cap

Ft29.6b

7D

-1.9%

1Y

86.9%

Updated

20 Oct, 2021

Data

Company Financials
ALTEO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends2/6

ALTEO Overview

ALTEO Energy Services Public Limited Company generates and sells electricity and heat in Hungary.

Price History & Performance

Summary of all time highs, changes and price drops for ALTEO Energy Services
Historical stock prices
Current Share PriceFt1,525.00
52 Week HighFt768.00
52 Week LowFt1,675.00
Beta0.48
1 Month Change12.13%
3 Month Change17.31%
1 Year Change86.89%
3 Year Change122.63%
5 Year Change144.00%
Change since IPO510.00%

Recent News & Updates

May 02
These 4 Measures Indicate That ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Is Using Debt Extensively

These 4 Measures Indicate That ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Feb 15
ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Has Gifted Shareholders With A Fantastic 121% Total Return On Their Investment

ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Has Gifted Shareholders With A Fantastic 121% Total Return On Their Investment

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...

Jan 25
ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag's (BUSE:ALTEO) Earnings Are Growing But Is There More To The Story?

ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag's (BUSE:ALTEO) Earnings Are Growing But Is There More To The Story?

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...

Shareholder Returns

ALTEOHU Renewable EnergyHU Market
7D-1.9%4.2%-0.4%
1Y86.9%19.6%61.4%

Return vs Industry: ALTEO exceeded the Hungarian Renewable Energy industry which returned 19.6% over the past year.

Return vs Market: ALTEO exceeded the Hungarian Market which returned 61.4% over the past year.

Price Volatility

Is ALTEO's price volatile compared to industry and market?
ALTEO volatility
ALTEO Beta0.48
Industry Beta0.62
Market Beta1

Stable Share Price: ALTEO is not significantly more volatile than the rest of Hungarian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ALTEO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008249Attila Chikánhttps://alteo.hu

ALTEO Energy Services Public Limited Company generates and sells electricity and heat in Hungary. The company generates electricity and heat from natural gas, wind, hydro, solar, biogas, landfill gas/thermal associated gas, and biomass power plants, as well as district heating plants. It owns and operates 23 power and heating plants with a total electric generating capacity of 156 megawatts, and 880 megawatts of heat generation capacity.

ALTEO Energy Services Fundamentals Summary

How do ALTEO Energy Services's earnings and revenue compare to its market cap?
ALTEO fundamental statistics
Market CapFt29.56b
Earnings (TTM)Ft2.34b
Revenue (TTM)Ft36.60b

12.6x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALTEO income statement (TTM)
RevenueFt36.60b
Cost of RevenueFt22.62b
Gross ProfitFt13.98b
ExpensesFt11.64b
EarningsFt2.34b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 15, 2021

Earnings per share (EPS)120.84
Gross Margin38.20%
Net Profit Margin6.40%
Debt/Equity Ratio169.6%

How did ALTEO perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is ALTEO Energy Services undervalued compared to its fair value and its price relative to the market?

12.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ALTEO (HUF1525) is trading above our estimate of fair value (HUF481.54)

Significantly Below Fair Value: ALTEO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ALTEO is good value based on its PE Ratio (12.6x) compared to the European Renewable Energy industry average (28.4x).

PE vs Market: ALTEO is good value based on its PE Ratio (12.6x) compared to the Hungarian market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALTEO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALTEO's PB Ratio (2.1x) is in line with the XE Renewable Energy industry average.


Future Growth

How is ALTEO Energy Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ALTEO Energy Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has ALTEO Energy Services performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALTEO has high quality earnings.

Growing Profit Margin: ALTEO's current net profit margins (6.4%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: ALTEO's earnings have grown by 12.4% per year over the past 5 years.

Accelerating Growth: ALTEO's earnings growth over the past year (175.7%) exceeds its 5-year average (12.4% per year).

Earnings vs Industry: ALTEO earnings growth over the past year (175.7%) exceeded the Renewable Energy industry 28%.


Return on Equity

High ROE: ALTEO's Return on Equity (16.7%) is considered low.


Financial Health

How is ALTEO Energy Services's financial position?


Financial Position Analysis

Short Term Liabilities: ALTEO's short term assets (HUF19.1B) exceed its short term liabilities (HUF10.5B).

Long Term Liabilities: ALTEO's short term assets (HUF19.1B) do not cover its long term liabilities (HUF24.5B).


Debt to Equity History and Analysis

Debt Level: ALTEO's debt to equity ratio (169.6%) is considered high.

Reducing Debt: ALTEO's debt to equity ratio has reduced from 191.1% to 169.6% over the past 5 years.

Debt Coverage: ALTEO's debt is well covered by operating cash flow (41.8%).

Interest Coverage: ALTEO's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Dividend

What is ALTEO Energy Services's current dividend yield, its reliability and sustainability?

1.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALTEO's dividend (1.57%) is higher than the bottom 25% of dividend payers in the Hungarian market (1.5%).

High Dividend: ALTEO's dividend (1.57%) is low compared to the top 25% of dividend payers in the Hungarian market (4.37%).


Stability and Growth of Payments

Stable Dividend: ALTEO has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ALTEO's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.3%), ALTEO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Attila Chikán (77 yo)

13.58yrs

Tenure

Dr. Attila László Chikán, Jr. has been the Chief Executive Officer of ALTEO Energy Services Public Limited Company (formerly known as ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag) (formerly...


Leadership Team

Experienced Management: ALTEO's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: ALTEO's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ALTEO Energy Services Public Limited Company's employee growth, exchange listings and data sources


Key Information

  • Name: ALTEO Energy Services Public Limited Company
  • Ticker: ALTEO
  • Exchange: BUSE
  • Founded: 2008
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: Ft29.564b
  • Shares outstanding: 19.39m
  • Website: https://alteo.hu

Number of Employees


Location

  • ALTEO Energy Services Public Limited Company
  • KOrhAz utca 6-12
  • Budapest
  • 1033
  • Hungary

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 22:08
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.